RE:RE:Fed Day Tomorrow!!! Big swings could take place I'm not saying either way! Could rocket if its risk on tomorrow or U stocks could break out for their own sake! I already took my profit and am hoping they roll over... technicals appear to favor a drop but as we all know that could mean nothing at all. GL love the u sector. Like oil, very bullish fundamentals.
Greenday wrote: @ Snowballer - No please don't say that U stocks are going to drop tommorrow! I have a position in many of them and baby needs new shoes. But if you want an investment that's manipulated then it's the one for you. More than 11 years after the Fukushima accident and traders still churn uranium contracts back and forth to each other for less than the cost of producing the stuff. One of these days the big institutional money is going to hit that market and they're going to get caught short.
No word of a lie. I once google mapped the address of a uranium trader named (so and so Whatever Capital LTD.) that was on the other side of a published trade and it was a house in some suburb in LA.